Old Mutual plc (OML) Rating Reiterated by JPMorgan Chase & Co.
Old Mutual plc (LON:OML)‘s stock had its “neutral” rating restated by JPMorgan Chase & Co. in a research note issued on Tuesday.
Other research analysts have also issued reports about the stock. Shore Capital reiterated a “buy” rating on shares of Old Mutual plc in a research note on Thursday, August 11th. Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a GBX 208 ($2.57) price objective on shares of Old Mutual plc in a research note on Wednesday, June 29th. Beaufort Securities reiterated a “buy” rating on shares of Old Mutual plc in a research note on Friday, August 12th. Finally, Barclays PLC lifted their price objective on shares of Old Mutual plc from GBX 220 ($2.72) to GBX 230 ($2.85) and gave the company an “overweight” rating in a research note on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. Old Mutual plc has a consensus rating of “Hold” and a consensus target price of GBX 199.97 ($2.47).
Old Mutual plc (LON:OML) opened at 202.60 on Tuesday. Old Mutual plc has a 52 week low of GBX 148.07 and a 52 week high of GBX 225.61. The stock has a 50 day moving average price of GBX 198.57 and a 200-day moving average price of GBX 193.06. The company’s market capitalization is GBX 9.49 billion.
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The company also recently declared a dividend, which will be paid on Friday, October 28th. Stockholders of record on Thursday, September 22nd will be given a dividend of GBX 2.67 ($0.03) per share. The ex-dividend date is Thursday, September 22nd. This represents a dividend yield of 1.23%.
About Old Mutual plc
Old Mutual plc is a United Kingdom-based holding company. The Company’s business activities include life assurance, asset management business, banking, and property and casualty The Company’s segments include Emerging Markets, Nedbank, Old Mutual Wealth and Institutional Asset Management. The Other segment includes central activities.
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